Analysis Topic: Market Oracle Newsletter
The analysis published under this topic are as follows.
Sunday, March 02, 2008
Credit Crisis Pushes United States Into Stagflation / News_Letter / Credit Crisis 2008
By: Nadeem_Walayat
The week saw stocks take a tumble and commodities such as Gold soar as the credit crisis reasserted its presence in the form of liquidity fueled rampant money supply growth leading to surging inflation in the US to 4.3%.(CPI), well above the target of 2%. The slowing US economy and rising inflation imply the US is now in a stagflationary environment, as the US Fed pulls out all the stops in an attempt to delay a recession until after the November presidential election.Read full article... Read full article...
Monday, February 04, 2008
Too Early for US Recession ? / News_Letter / Financial Markets
By: Nadeem_Walayat
Fridays Jobs report of 17000 job losses in January had many commentators declaring that the US is now in recession. However technically a recession cannot be declared until June 08 following 2 quarters of negative growth. Therefore it is far too early with many more months of central bank action ahead of us to declare a US recession.Read full article... Read full article...
Monday, January 28, 2008
Stock Market Relief Rally Following US Fed Rogue Trader Rate Cut / News_Letter / Financial Markets
By: Nadeem_Walayat
Rogue Trader 2008 - By Thursday of last week, the Monday / Tuesday sell off in European exchanges was increasingly being blamed on the unwinding of positions held by Societe Generale's 31 year old Rogue Trader named Jerome Kerviel.
The amount of exposure that the trader had committed the bank, Societe Generale to is extraordinary at some $60 billions, which is more than twice the value of the bank. After positions were unwound on the quiet so as to avert more major panic selling, the net loss to the bank is some $7.1 billions, this is on top of the $2 billions of losses on US subprime exposure.
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Wednesday, January 23, 2008
Stock Market Panic Special / News_Letter / Financial Markets
By: Nadeem_Walayat
The US Fed's Emergency interest rate cut of 0.75% to 3.50% to prevent the panic selling of the European and Asian stock markets from spreading to the US markets succeeded in preventing a crash, with the Dow Jones closing just 128 points lower after an opening drop of 450 points.
The current wave of selling was sparked following last weeks results and doubling of losses by Merrill lynch and Citicorp
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Sunday, January 13, 2008
US Recession, Broadening Stock Market Top and the Commodities Boom / News_Letter / Financial Markets
By: Nadeem_Walayat
The Stock Markets continued last weeks weakness on the back of further bad news in the financial sector as Merrill Lynch doubled its exposure to bad debts to $15 billion, and we may again see a doubling later in 2008.
The US Housing market continued to weaken as the monthly number of Adjustable Rate Mortgages (ARMs) resets continues to expans and not expected to peak until March/April 2008, with further indications of increasing defaults amongst prime mortgages occuring, therefore 2008 could be remembered for the meltdown in the prime mortgage market as 2007 was remembered for the sub-prime meltdown. Therefore confirming expectations of a weak stock market during the first half of 2008.
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Sunday, January 06, 2008
The Commodities Super Cycle Rumbles Into 2008 / News_Letter / Financial Markets
By: Nadeem_Walayat
The commodities bull market continues to roar ahead with gold hitting new highs and crude oil flirting with $100 again, portfolios invested in the resources sectors continue to benefit.Stock markets took a tumble in the first week of the new year achieving a short-term oversold state, therefore next week should see strength.
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Tuesday, January 01, 2008
2008 Financial Markets Forecasts SPECIAL / News_Letter / Financial Markets
By: Nadeem_Walayat
Welcome to this special issue of the Market Oracle Newsletter which brings a selection of the best of current financial market forecasts and analysis for 2008.
The Western economies enter the new year battered and bruised by the credit crisis, with fears growing of a recession in the US and the UK housing market having tipped over into a downtrend towards the end of 2007. Questions are being asked whether the 4 year bull markets have come to an end and whether the commodities bull market can continue as strongly during 2008 as was 2007. We look at potential answers to these and many more questions in this newsletter.
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Sunday, September 23, 2007
Gold Bull Market SPECIAL / News_Letter / Gold & Silver
By: Nadeem_Walayat
The US central bank finally threw in the towel last week by cutting interest rates by 0.5%. The commodities market reaction was to immediatly send prices soaring, with gold reaching new 27 year highs.
This special issue deals with the reasoning behind the interest cut and the bullish outlook for gold and other commodities as the world takes a big step towards hyper inflation.
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Sunday, August 19, 2007
Credit Crunch Special / News_Letter / Credit Crunch
By: Nadeem_Walayat
Last week saw extreme volatility on the markets as the central banks fought to stave off a collapse in the financial markets in response to the ongoing credit crunch.
On Friday the battle was temporarily won by the Central Banks with the US Feds decision to effectively cut interest rates by 0.5% on the discount rate, which included the unprecedented step of changing the financing terms from overnight to 30 days.
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Sunday, July 22, 2007
The Market Oracle Newsletter Issue #13 Vol. 1 / News_Letter / Financial Markets
By: Nadeem_Walayat
The Market Oracle NewsletterJuly 22, 2007 Issue #13 Vol. 1
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Monday, May 28, 2007
The Market Oracle Newsletter Issue #12 Vol. 1 / News_Letter / Financial Markets
By: Nadeem_Walayat
The Market Oracle NewsletterMay 28, 2007 Issue #12 Vol. 1
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Sunday, May 20, 2007
The Market Oracle Newsletter Issue #11 Vol. 1 / News_Letter / Financial Markets
By: Nadeem_Walayat
The Market Oracle NewsletterRead full article... Read full article...